Here is your weekly roundup of the biggest news out of hedge funds and company top brass, all first covered on InvestingPro+.
Salesforce (NYSE: CRM) posted its latest quarterly report on Nov. 30. Its adjusted earnings increased 10% to $1.40 per share and also cleared the consensus forecast by $0.18. Salesforce's growth rates seemed stable, but they didn't impress the bulls.
Veeva Systems' (NYSE: VEEV) stock dipped 4% during after-hours trading on Dec. 1, following its latest earnings report. Its adjusted net income grew 16% to $183.2 million, or $1.13 per share, also topping analysts' estimates by $0.06. It established a first-mover advantage in this niche market, and it was serving more than 1,200 customers worldwide -- including Pfizer, Johnson & Johnson, and Moderna -- at the end of fiscal 2022 (which ended on Jan. 31).